- A trade exception also has an expiry date. And can only work via trade ..... right?
I guess its better than losing Hayward for nothing. But at the end of the day, nothing could come out of it
1 year expiration date.
Can be used in a trade but not combined with players or can be renounved for the cap savings.
To be clear, it can't be aggregated with player salaries (so you can't combine a $10 million TPE with a $10 million player to bring in a $20 million player), but you can include players in the same deal.
The Atlanta Hawks are in play in an attempt to acquire Boston Celtics forward Gordon Hayward, league sources tell Yahoo Sports. – via Chris Haynes @ Yahoo! Sports
But how?
Hawks do not have salary matching capability unless it includes Capela, Dedmon...
They have a ton of cap space. If they absorbed Hayward's salary, it would return a 30 million dollar trade exception to the Cs, allowing them to trade for another player without that player's salary counting against their cap this season (Steven Adams?). On top of that, it would move us far enough away from the luxury tax to give us the full MLE and pursue a better rotation player.
I don't think we want to take a bunch of salary back unless it is a good rotation player.
The salary still counts against the cap. It just allows you to trade for a player without having matching salaries, but they still count against the cap just like any other way of acquiring them would. Technically, what you're doing is a non-simultaneous trade, where you're using the salary from 1 trade (like Gordon to ATL) to match salary in a later, unrelated trade (like your example of Steven Adams)